En was het. 2016 for 160.000 The speed to last for four years, which time the estimated result will be Prestatie showing the amount to each year, med depreciation to date and not book. The companiet Ontar dan continut bort Bomber Year cunt of Long-Term Ast Depreciation Experis Accumulated Depreciation Netbook yeye 2016 380,000 17250 517250 162760 2010 580.000 17250 $34500 645500 sh0.000 117260 151750 328250 2018 380.000 317250 360000 $11000 The news for 114,000 on the first day of 1010, the many terected the sale Debit Credit Account Title and nation Accred Depreciation Jan 1 69000 Cash 14000 B0000 3000 Gain on Deo of Art Sale aferent for cash Using the same Durchase information at the beginning of the store the abilitating that the commented outlining We at the beginning at the Year Depreciation Expense Accumulated Duwwelation to Value at the thea 2016 580000 140000 140000 140000 2010 40000 520000 160000 120000 2017 110000 59000 16000 11000 11000 16000 $19000 using these the being of the stone that the company them the Ver Det Langarms Units Producerse Accumulated Depreciation Nutool V 550.000 210.000 19065 1 1980 05 2016 0.000 230,000 2008 w 322607 57303 2017 380.000 100.000 1815 140556 145 2018 180.000 20140 1.0673477 11000 Take me to the text Equipment was purchased on January 1, 2015 for $80,000. The asset is expected to last for four years, at which time the estimated residual value will be $11,000 Required al prepare a table showing the amount of depreciation expense each year, accumulated depreciation to date and net book value. The company uses straight-line depreciation Do not enter dollar signs or commas in the input boxes Round all dollarfigure answers to the nearest whole number Year Cost of Long-Term Asset Depreciation Expense Accumulated Depreciation Net Book Value 2015 580,000 $17250 $ 17250 $62750 2010 $80,000 $ 17250 $34500 $45500 2017 $80,000 $ 17250 $51750 528250 2018 $80,000 517250 $69000 $ 11000 bi The set was sold for $14,000 on the first day of 2019. Prepare the journal entry to record the sale Interlebit accounts in alphabetical order Enter credit accounts in alphabetical order Date Account Title and Explanation Debit Credit Accumulated Depreciation 59000 14000 Equipment 80000 o Canon Disposal of Asset Sale of equipment for cash 3000 c) Using the same purchase formation at the beginning of the question, prepare the table assuming that the company used double-cleclining-balance depreciation Gain on Disposal of Asset 3000 Sale of equipment for cash cl Using the samo purchase information at the beginning of the question, prepare the table assuming that the company used double-declining balance depreciation Year Net Book Value at the Beginning of the Year Depreciation Expense Accumulated Depreciation Net Book Value at the End of the Year 2015 5 80000 $ 40000 $ 40000 $ 40000 2016 $ 40000 $20000 $ 60000 $ 20000 2017 $20000 $ 9000 $ 69000 $ 11000 2018 $ 11000 $69000 $ 11000 di Using the same purchase information and residual value at the beginning of the question, assume that the company uses the units-of-production method. The asset can produce one million units. Prepare the depreciation table. Year Cost of Long-Term Asset Units Produced Depreciation Expense Accumulated Depreciation Net Book Value 2015 $80,000 210,000 $ 19065 X $ 10895 x $ 69105 X 2016 580,000 230,000 $20088 x $22697 x $57303 X 2017 $80.000 100,000 $18158 X $ 40855 x 5 39145 2018 580,000 250,000 $28145 X 5.08734177 X $ 11000 Chook
